Private Advisor Group LLC Buys 2,101 Shares of First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON)

Private Advisor Group LLC grew its stake in First Trust TCW Unconstrained Plus Bond ETF (NYSEARCA:UCON) by 0.6% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 326,285 shares of the company’s stock after acquiring an additional 2,101 shares during the period. Private Advisor Group LLC’s holdings in First Trust TCW Unconstrained Plus Bond ETF were worth $8,072,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. CIC Wealth LLC grew its stake in First Trust TCW Unconstrained Plus Bond ETF by 3.5% in the 4th quarter. CIC Wealth LLC now owns 16,125 shares of the company’s stock worth $399,000 after acquiring an additional 551 shares in the last quarter. Ellenbecker Investment Group grew its stake in First Trust TCW Unconstrained Plus Bond ETF by 0.4% in the 4th quarter. Ellenbecker Investment Group now owns 146,806 shares of the company’s stock worth $3,631,000 after acquiring an additional 642 shares in the last quarter. Total Clarity Wealth Management Inc. grew its stake in First Trust TCW Unconstrained Plus Bond ETF by 0.4% in the 4th quarter. Total Clarity Wealth Management Inc. now owns 225,599 shares of the company’s stock worth $5,581,000 after acquiring an additional 794 shares in the last quarter. Lunt Capital Management Inc. grew its stake in First Trust TCW Unconstrained Plus Bond ETF by 0.9% in the 3rd quarter. Lunt Capital Management Inc. now owns 93,169 shares of the company’s stock worth $2,227,000 after acquiring an additional 797 shares in the last quarter. Finally, MBE Wealth Management LLC grew its stake in First Trust TCW Unconstrained Plus Bond ETF by 0.8% in the 4th quarter. MBE Wealth Management LLC now owns 119,848 shares of the company’s stock worth $2,965,000 after acquiring an additional 895 shares in the last quarter.

First Trust TCW Unconstrained Plus Bond ETF Price Performance

Shares of NYSEARCA UCON traded down $0.03 during midday trading on Wednesday, reaching $24.40. 35,532 shares of the company’s stock traded hands, compared to its average volume of 628,929. The stock’s 50 day simple moving average is $24.45 and its 200-day simple moving average is $24.41. First Trust TCW Unconstrained Plus Bond ETF has a one year low of $23.45 and a one year high of $24.85.

First Trust TCW Unconstrained Plus Bond ETF Profile

The First Trust TCW Unconstrained Plus Bond ETF (UCON) is an exchange-traded fund that mostly invests in broad credit fixed income. The fund is an actively managed fund, which broadly invests in various fixed income securities of almost any sector, maturity, or credit quality. UCON was launched on Jun 4, 2018 and is managed by First Trust.